Revenue details Noble Energy chalked up revenue of $1.17 billion. The 14 analysts polled by S&P Capital IQ expected a top line of $1.13 billion on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $936.0 million.

Looking ahead Next quarter's average estimate for revenue is $1.13 billion. On the bottom line, the average EPS estimate is $1.32.

Next year's average estimate for revenue is $5.11 billion. The average EPS estimate is $6.51.

Investor sentiment The stock has a three-star rating (out of five) at Motley Fool CAPS, with 391 members out of 407 rating the stock outperform, and 16 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 100 give Noble Energy a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Noble Energy is outperform, with an average price target of $120.75.